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ANGLO AMERICAN PLATINUM LIMITED - Sale of Shares by Directors of a Major Subsidiary Company to Settle Tax Obligations

Release Date: 19/04/2024 14:30
Code(s): AMS     PDF:  
Wrap Text
Sale of Shares by Directors of a Major Subsidiary Company to Settle Tax Obligations

Anglo American Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
("The Company" or "Anglo American Platinum")


SALE OF SHARES BY DIRECTORS OF A MAJOR SUBSIDIARY COMPANY TO SETTLE TAX OBLIGATIONS WITH RESPECT TO THE
VESTING OF SHARE AWARDS

As required in terms of the JSE Limited Listings Requirements, Anglo American Platinum hereby advises shareholders of the sale
of shares in terms of the Company's Long-Term Incentive Plan ("LTIP") (the "scheme").

This announcement relates to the sale of shares pursuant to the vesting of LTIP awards granted on 14 April 2021. These awards
are subject to a three-year holding period and vested on 15 April 2024. In addition to the three-year holding period, the LTIP
awards are also subject to stringent performance conditions and vest only if the pre-determined performance conditions are
met. The details of the LTIP scheme are set out in the Remuneration Report contained within the Company's 2023 Governance
Report available on www.angloamericanpaltinu.com.

The following transactions are on market sales of LTIP shares associated with the vesting of the share awards after the three-
year holding period and the level of performance conditions met:

 Director and CEO                       :    Craig Miller
 Company                                :    Anglo American Platinum
 Date of transaction                    :    16 April 2024
 Nature of transaction                  :    On market sale of LTIP shares vested on 15 April 2024
 Class of securities                    :    Ordinary shares
 Number of shares sold                  :    3,197
 Minimum selling price                       R787.83
 Maximum selling price                       R787.83
 Average selling price                  :    R787.83
 Total value of transaction             :    R2,518,699.22
 Nature of interest                     :    Direct beneficial
 Clearance obtained                     :    Yes

 Director                               :    Riaan Blignaut
 Company                                :    Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                             Platinum)
 Date of transaction                    :    16 April 2024
 Nature of transaction                  :    On market sale of LTIP shares vested on 15 April 2024
 Class of securities                    :    Ordinary shares
 Number of shares sold                  :    1,474
 Minimum selling price                       R787.83
 Maximum selling price                       R787.83
 Average selling price                  :    R787.83
 Total value of transaction             :    R1,161,264.51
 Nature of interest                     :    Direct beneficial
 Clearance obtained                     :    Yes
                                                                                                                         

 Director                                  :   Prakashim Moodliar
 Company                                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                               Platinum)
 Date of transaction                       :   16 April 2024
 Nature of transaction                     :   On market sale of LTIP shares vested on 15 April 2024
 Class of securities                       :   Ordinary shares
 Number of shares sold                     :   1,610
 Minimum selling price                         R787.83
 Maximum selling price                         R787.83
 Average selling price                     :   R787.83
 Total value of transaction                :   R1,268,409.68
 Nature of interest                        :   Direct beneficial
 Clearance obtained                        :   Yes

 Director                                  :   Agit Singh
 Company                                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                               Platinum)
 Date of transaction                       :   16 April 2024
 Nature of transaction                     :   On market sale of LTIP shares vested on 15 April 2024
 Class of securities                       :   Ordinary shares
 Number of shares sold                     :   270
 Minimum selling price                         R787.83
 Maximum selling price                         R787.83
 Average selling price                     :   R787.83
 Total value of transaction                :   R212,714.66
 Nature of interest                        :   Direct beneficial
 Clearance obtained                        :   Yes

 Director                                  :   Sicelo Ntuli
 Company                                   :   Rustenburg Platinum Mines Limited (a major subsidiary of Anglo American
                                               Platinum)
 Date of transaction                       :   16 April 2024
 Nature of transaction                     :   On market sale of LTIP shares vested on 15 April 2024
 Class of securities                       :   Ordinary shares
 Number of shares sold                     :   315
 Minimum selling price                         R787.83
 Maximum selling price                         R787.83
 Average selling price                     :   R787.83
 Total value of transaction                :   R248,141.83
 Nature of interest                        :   Direct beneficial
 Clearance obtained                        :   Yes




Johannesburg
19 April 2024

Sponsor
Merrill Lynch South Africa (Pty) Limited



 For further information, please contact:
                                                                                                                          




 Investors:                                                   Media:
 Theto Maake                                                 Keitumetse Masike
(SA) +27 (0)83 489 515                                      Tel: +27 (0)66 484 0227
theto.maake@angloamerican.com                        keitumetse.masike@angloamerican.com
 platinumIR@angloamerican.com

Marcela Grochowina
(SA) +27 (0) 82 400 3222
marcela.grochowina@gloamerican.com
platinumIR@angloamerican.com


Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum
group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting, and refining operations
are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine and smelter in Zimbabwe. Anglo American
Platinum is committed to the highest standards of safety and continues to make a meaningful and sustainable difference in the
development of the communities around its operations.

www.angloamericanplatinum.com

Anglo American is a leading global mining company, and our products are the essential ingredients in almost every aspect of
modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides
many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing
every day demands of billions of consumers. With our people at the heart of our business, we use innovative practices and the
latest technologies to discover new resources and to mine, process, move and market our products to our customers – safely
and sustainably.

As a responsible producer of copper, nickel, platinum group metals, diamonds (through De Beers), and premium quality iron ore
and steelmaking coal – with crop nutrients in development – we are committed to being carbon neutral across our operations
by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a
healthy environment, creating thriving communities and building trust as a corporate leader. We work together with our business
partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities
and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining mining to
improve people's lives.

www.angloamerican.com

Date: 19-04-2024 02:30:00
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